Market analysis is a very complex knowledge and I saw that pipsology course is sufficient to increase only basic knowledge. My question is how I can be a market pro? What should be the next step to follow?
Seeking support from experienced!
You will soon discover that those who make money or make the most money in trading are often not those who know the most. Of course, they have perfect knowledge of the basics, which they can use in trading. But they are not necessarily experts on highly complicated and obscure trading methods, which depend on exotic specialist knowledge.
What makes money in trading is a reliable strategy. For a beginner trader, this should be simple to operate and low risk. Chart signals and features used should be obvious and objective. The most obvious chart features are trends: not following trends is a high risk strategy.
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Consistency and discipline matter more than fancy strategies. Keep journaling your trades—it’s a game changer
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Get deeper into price action, understand economic news, and practice daily. Chat with experienced traders—it’s how you really level up!
You’re absolutely right! I faced the same challenge and realised that success comes from building a reliable strategy. By focusing on trends, recognising chart patterns, and managing risk effectively, I made great progress.
Are you already trading a strategy?
Ayy, I totally get you! Pipsology is dope for getting that basic understanding, but becoming a market pro is a whole other game. I’ve been trading about two years now, and lemme tell ya, real progress comes from actually trading—nothing beats personal experience.
My suggestion is simple…once you have learned the basics, start trading with a small amount of real money that you can afford to lose without any concern. Avoid demo accounts, as they often fail to replicate real market conditions, particularly in terms of liquidity and slippage.
By trading live, you will gain genuine experience and a true understanding of how the market operates. Be prepared to lose this initial amount if necessary, treating it as a learning investment. Use this phase to experiment with different strategies and apply your knowledge in real time. The markets are highly complex, and no one is an absolute expert. While guidance is valuable, trading is ultimately a skill you must develop yourself. You will need to become your own trading mentor through direct experience. For guidance, we are all here to help. If anyone asks you for money for guidance. Run!
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I’m sure they do, but is that in itself a reason to avoid them completely?
I’ve found that although they don’t realistically replicate live market conditions, they’re still a useful way of familiarising myself with the intricacies of the platform, and some of the broker’s policies, procedures, communications, etc. 
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Was just an honest opinion. I respect yours too. Cheers and Happy Trading.
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To advance as a trader, focus on developing a deep understanding of market sentiment and economic news, not just technical indicators. Practice observing the market without trading to build intuition and refine your strategies.
I did this too! Now I did trade a demo account and pretty much the same strategy for close to a year. I didn’t do the full $100k demo that most places give you by default. I think I went like $5k or $10k to keep it realistic.
But I think you need to trade demo until you get at least like 100 trades on the account. Learn your strategy, the good and the bad. But just trade it consistently. You learn a lot, especially from the losers.
I am glad it worked for you. Happy Trading.
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I used to chase indicators, thinking they were the key. But everything changed when I understood market structure, liquidity, and how big players move. Risk management saved me, and backtesting helped me improve. And you know what? What truly matters is mastering your own emotions.
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